Govt adopts multi-pronged strategy for clean energy
India has signed long-term agreements for procurement of LNG for ensuring uninterrupted supplies and safe guarding from price volatility, the Minister of State for Petroleum and Natural Gas Suresh Gopi said in a written reply in Lok Sabha on 20 Mar http://mopng.gov.in.
Further, Government has already diversified the import of LNG by adding Australia, USA and UAE as sourcing destinations, he added http://qatarenergylng.qa.
To ensure security of crude supplies and to mitigate the risk of dependence on crude oil from single region, Indian Oil Public Sector Undertakings (PSUs) have diversified their crude basket and are procuring crude from countries located at various geographical locations viz. Middle East, Africa, North America, South America among others https://fieo.org/.
To counter the reliance on fossil fuels, the Government has adopted a multi-pronged strategy to promote clean energy which, inter alia, include:
Demand substitution by promoting usage of natural gas as fuel/feedstock across the country towards increasing the share of natural gas in economy and moving towards gas-based economy;
Promotion of renewable and alternate fuels like ethanol, second generation ethanol, compressed bio gas, biodiesel, Green Hydrogen and Evs;
Refinery process improvements, promoting energy efficiency and conservation;
Efforts for increasing production of oil and natural gas through various policies initiatives, etc. For promoting the use of Compressed Bio Gas (CBG) as automotive fuel, Sustainable Alternative Towards Affordable Transportation (SATAT) initiative has also been launched;
To promote the use of biofuels across the country, various programmes, such as Ethanol Blended Petrol (EBP) Programme, wherein Oil Marketing Companies (OMCs) sell petrol blended with ethanol, Biodiesel blending programme wherein biodiesel is blended with diesel, have been taken up. Fiinews.com
